All Financial results articles – Page 42
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ArticleExcellent financial year enables Accell to repay government Covid credit facility
Based on its sales and profit growth in 2021, Netherlands-based Accell Group N.V. will fully repay its “Go-C” facility issued during the Covid-19 pandemic before the end of the year. In this context, the Dutch company has also converted its existing revolving credit facility (“RCF”) from seasonal to full-year availability. ...
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ArticleJohnson Outdoors Q4 sales rise slightly over “unprecedented” 2020
Johnson Outdoors saw sales inch up slightly in the fourth quarter of its financial year, as demand for fishing, camping and water recreation products remained strong following “unprecedented” growth in the year-earlier and diving continued a recovery underway since the third quarter. Total company sales in the three months ended ...
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News briefsSolo boosts sales with acquisitions, but added expenses weaken income
Solo Brands, the U.S. company that began trading on the New York Stock Exchange in October and owns the Solo Stove, Chubbies, Oru Kayak and Isle Paddleboard brands, reported that net income attributable to Solo Stove Holdings fell 79 percent to $1.2 million from $10.3 million in the third and ...
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News briefsZumiez Q3 income beats estimates
Beating all estimates, Zumiez reported a solid 5.5 percent increase in net income to $30.7 million for its third quarter ended Oct. 30 on 6.8 percent higher revenues of $289.4 million. The international action sports retailer’s sales were 9.6 percent higher than in the comparable quarter of 2019 when the ...
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ArticleCalzados Bestard enjoying a record year
Calzados Bestard knew in September that it would be surpassing its record for annual sales: €5.1 million, set in 2018. By late November, with a month to go before wrapping up 2021, it had generated revenues of €6.1 million for the year. The figures come from Mats Lindholm, the Spanish ...
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ArticleSchwan-Stabilo's outdoor division grows 16% in 20/21 despite lockdowns
Despite Covid-19, the German Schwan-Stabilo group achieved sales growth of 2.2 percent to €623.2 million in fiscal 2020/21 (previous year: €609.8 million). The Stabilo (writing utensils) and Outdoor subgroups, which grew significantly despite the pandemic, contributed substantially to this. For the group’s Cosmetics segment, the impact of the pandemic was ...
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News briefsGoldwin’s quarterly results improve
Goldwin has reported a 53 percent increase in net income to 1,397 million yen (€10.8m-$12.7m) for its second quarter ended Sept. 30 as its revenues for the period went up by 9 percent to 21.13 billion (€163.7m-$192.0m). In addition to its own brand, the Japanese group owns the distribution of ...
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ArticleDespite supply chain challenges, On continues to grow after IPO
In its first quarterly report since its IPO, On Holding reported a sales increase of 67.6 percent to 218.0 million Swiss francs (€206.9m-$234.5m) in the third quarter ended Sept. 30, leading to a growth of 77 percent for the first nine months of 2021. The gross margin expanded by 5.6 ...
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ArticleRecovering travel market provides upswing for Samsonite
Gregory Mountain Products saw its third-quarter sales increase 4.1% to $16.6 million, compared to $15.9 million a year earlier. The High Sierra bag brand increased 88.1% to $8.4 million from $4.5 million a year ago. Parent company Samsonite said its luggage business is rebounding as more people start traveling again ...
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ArticleLeatt with the next sales and profit record
South African two-wheeler protective equipment manufacturer Leatt Corporation, which trades over-the-counter (“OTC”) in the U.S., has set further records for sales and net profit in the third sales quarter of the current fiscal year 2021. Q3 results were not only the best in the company’s history but also marked five ...
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ArticleSupply bottleneck slows Bike24’s third quarter
German e-commerce cycling, running and swimming sports retailer Bike24 Holding AG, which has been listed on the stock exchange since mid-2021, reported good sales growth and continued high demand for its third quarter of the current fiscal year 2021. However, due to the “persistently tense situation on the sourcing market,” ...
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News briefsCanadian Tire says it defies supply chain issues
Global supply chain problems won’t leave Canadian Tire Corp. Ltd.’s shelves empty this holiday season, the company said in releasing its third-quarter numbers. While material and semiconductor shortages, Covid-19 factory closures and port backlogs are hampering many companies, Canadian Tire’s CEO Greg Hicks said his company’s supply chain is prepared ...
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News briefsYeti posts double-digit sales increase in Q3
Yeti, the U.S. brand of coolers, drinkware and other outdoor gear, reported that third-quarter net income rose 3 percent to $52,967,000 from $51,445,000. Sales were $362,643,000, up 23 percent from $294,603,000. This includes a 31 percent increase in the DTC business. The DTC channel of $197.1 million accounted for 54 ...
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ArticleWolverine breaks even, but Q3 sales impacted by supply chain issues
Wolverine Worldwide saw revenues in the third quarter rise by 29.1 percent to $636.7 million compared with the prior year, boosted by incremental revenues of $39.1 million from the acquisition of Sweaty Betty in August and the strong performance of its Saucony brand. However, the management said that supply chain ...
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ArticleGood first semester for stock market newcomer USWE despite delivery problems in Q2
For the second quarter of 2021, ended Sept. 30, Swedish company USWE Sports AB, which was founded in 2007 and went public on the Nasdaq First North Growth Market on June 24 this year, reported an increase in net sales to 12.8 million Swedish kronor (€1.28m-$1.46m). Operating income before depreciation ...
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ArticleCallaway Golf raises guidance, Jack Wolfskin performs better than expected
Callaway Golf raised its guidance for the full year once again, after revenues in the third quarter increased by 80.1 percent as compared to the year-earlier to $856.5 million, continuing to benefit from the addition in March of Topgolf and a better-than-expected contribution to its top line from golf equipment ...
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ArticleRevolutionRace nearly doubles turnover in Q1, German sales up 156%
RevolutionRace (RVRC) saw sales in the first quarter of its fiscal year jump by 95 percent from the year earlier to 254.2 million Swedish kronor (€25.6m-$29.7m), supported by continued demand for multi-functional garments and led by a stellar performance in Germany. On a constant currency basis, sales increased by 98 ...
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ArticleBlack Diamond’s 20% gains help Clarus post higher Q3 sales
Clarus Corp. reported a jump in net earnings on an adjusted basis of 97 percent to $4.53 million in the third quarter ended Sept. 30, as sales grew by 69 percent to a record $109.0 million, with a 67 percent gain in constant currencies. On a pro forma basis, including ...
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ArticleLess growth for Giant Group in Q3
With strong global demand for bicycles and e-bikes, Taiwan-based bicycle manufacturer Giant Manufacturing Company Ltd reports that its global production facilities are fully loaded with orders, supporting the company’s revenue and profit growth. For the first three quarters of fiscal 2021, the company reported record sales of 61.94 billion Taiwan ...
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ArticleCanada Goose with strong momentum, improves guidance
Canada Goose reported an improved gross margin and a lower operating margin on a 19.6 percent increase in revenues to 232.9 million Canadian dollars (€161.9m-$187.1m) for its second quarter ended Sept. 26. Excluding the exceptional revenues from personal protective equipment recorded in the same period a year ago, comparable sales ...
